New Delhi, Mar 10 (UNI) Indian Railways has sanctioned infrastructure and technology upgradation works worth over Rs 765 crore aimed at strengthening operations, enhancing line capacity, and modernising communication systems across key sections of the railway network. The approved projects include upgrades to electric traction systems on two high-density corridors and expansion of the optical…
P Krishna Kumar New Delhi, Mar 10 (UNI) After the government invoked Essential Commodities Act on petroleum products, followed by All India LPG distributors announcing temporary suspension of distribution to non-essential consumers including hotels and restaurants, the National Restaurant Association of India (NRAI), the pan-India body of organised restaurant chains, has advised its member restaurants…
By Venkatachari Jagannathan Chennai, March 10 (UNI) Tamil Nadu hotels and restaurants are mulling rationalisation of menu items, functioning time to tide over their energy crisis owing to the decision to stop supplies of commercial liquefied petroleum gas (LPG) cylinders, officials of industry bodies said. “It is as if another Covid shutdown is looming before…
Mumbai, March 10 (UNI) Adani Enterprises Limited informed the stock exchanges today that it has successfully acquired the remaining 49 per cent equity share capital and 100 pc optionally convertible redeemable preference shares of D P Jain TOT Toll Roads Private Limited (DPJ TOT) through its wholly-owned subsidiary Adani Road Transport Limited (ARTL). The transaction…
P Krishna Kumar New Delhi, Mar 10 (UNI) Australian exports to India have recorded a growth of around 16 per cent in the last two years since the implementation of the Economic Cooperation and Trade Agreement (ECTA), with strong momentum expected to continue as businesses from both countries deepen engagement, said Todd Miller, Trade &…
Hyderabad, Mar 10 (UNI) Reliance Industries on Tuesday said it is taking proactive steps to maximise LPG production at its refining and petrochemical complexes in Jamnagar, the world’s largest integrated refining hub, to ensure uninterrupted fuel supplies to Indian households amid volatility in global energy markets. In a statement, the company said its teams are…
New Delhi, March 10 (UNI): InterGlobe Aviation Limited, the parent company of IndiGo, on Tuesday announced that its Chief Executive Officer Pieter Elbers will step down from his position with immediate effect. In a statement, the airline’s Board of Directors thanked Elbers for his contribution and service to the organisation and wished him well for…
Hyderabad/Mumbai, Mar 9 (UNI) Reliance Retail Limited on Monday announced the acquisition of the ‘Pahadi Local’ brand along with its business from Pahadi Goodness Private Limited, strengthening its presence in India’s beauty and wellness segment. ‘Pahadi Local’ is a fast-growing Indian beauty and wellness brand known for its nature-led formulations inspired by Himalayan ingredients and…
Jayanta Roy Chowdhury New Delhi, Mar 9 (UNI) With oil markets surging past the psychological USD 100 mark Monday, on news that Iran has chosen Mojtaba Khamenei to succeed his slain father as the West Asian nation’s Supreme Leader, a sure sign that the war between Teheran and Washington will last longer than bargained for,…
New Delhi, Mar 9 (UNI) The impact of global crude price rise on inflation is not estimated to be substantial at this point as India’s inflation is near the lower bound, the Lok Sabha was informed on Monday. In reply to a written reply, Finance Minister Nirmala Sitharaman said the price of both global crude…
